ELLIOTT® has experience in appraising bank buildings, whether they are free standing branch banks or larger multistory corporate office facilities.
Typically the branch bank buildings are among some of the more valuable buildings per square foot within their respective market. The customer convenience and visibility required, place the branch bank roughly in the same category of a fast food building. Both are generally high quality buildings, have the best high traffic Commercial locations, and include built in equipment and drive through windows.
The larger corporate office style building is usually Class A office space with visibility of signage from major throughways. These properties are usually comparable to corporate office headquarters for other businesses. These buildings may be high rise and frequently are in central city locations.
The appraisal of bank buildings requires the professional expertise of appraisers who have an understanding of how specific locations, visibility, drive through windows, construction quality and image affects value in a property.
ELLIOTT® is equipped to appraise bank properties nationwide. We have professional appraisers available with specific knowledge of financial institution buildings located throughout the country, and are capable of tackling the simplest to the most complex assignments.